The Holden Team | Hopkinton Real Estate, Southborough Real Estate, Ashland Real Estate


There’s few things in life that are more exciting than closing on your first house. All of the money that you saved and the paperwork that you have filled out has finally come together so that you can now say you’re a proud homeowner. 


Before you start planning your housewarming party, there’s a few things that you need to do with your new home and its contents.


Copy The Closing Paperwork


Undoubtedly, there were dozens of pieces of paper that were handed to you during the closing on your new home. You should have an extra copy of everything that was signed. While the local registrar of deeds probably has a copy of everything filed there as well, it’s always a good idea to have extra copies of these papers.


Lock The Doors With New Keys


You’ll need to change the locks when you move into a new home as soon as possible. Many different people had the keys to the home while it was still on the market. Also, before the home was even put up for sale, family members could have passed sets of keys amongst family and friends. The lock category also includes securing sliding doors, electrical boxes, and windows accordingly. 


Put Your Name On It


You’ll need to place your name on a variety of things including your mailbox, the trashcans, the buzzer, and anything else that is property of you and your new home. If it won’t pose a privacy issue for you, it’s better to claim what’s rightfully yours early on to ease confusion. 



Put Up Curtains Or Cover The Windows


There’s probably 1,000 other things that you would rather do when you move into a new home than put up some curtains. Yet, this is so important to your privacy. Without curtains or window treatments, all of your home and its contents are exposed for the outside world to see. Until you have a chance to settle in, you can even use boxes or towels to cover the windows. This is used initially for a security measure to deter thieves and nosy neighbors.


Meet The New Neighbors


It‘s a good idea to know who is living around you. For one, you’ll be aware of any suspicious activity that’s happening in case you see strange people hanging around the area. It’s good to know who you live next to and what you might have in common with them. At the very least, you’ll have a new friend. They might even water your plants while you’re away on your next vacation. 


Don’t forget to change your addresses as well. That’s always one of the biggest hassles about moving. Take the right measures for safety and comfort when you move into your new home for a smooth transition


For some people, their bicycle is their main method of transportation. Whether it's commuting to work or getting groceries, a bicycle can be an excellent way to save money, stay in shape, and enjoy the ride to your destination. For those of us who live too far away from work to cycle there, bicycles can still be a fun activity to that also helps you stay in shape. Just like your car, your bicycle requires regular maintenance to keep your rides smooth and safe. Local bike shops will be able to give your bicycle a tune-up or make difficult repairs. However, there are a lot of maintenance tasks that can be done right from home with your average toolkit. In this article, we'll go over basic bike maintenance that you can do in your driveway that will keep your bike in good  working condition.

Safety Check

Before you ride your bike, it's good to perform a basic safety check in your driveway before leaving your home. You'll want to check:
  • tires, to see if they're properly inflated, have enough tread, and don't have any cracks
  • brakes, to see if both the front and rear brakes work properly and that they're touching the rims when pressed
  • chain and shifters, to make sure the chain is lubricated and that the shifters are functioning correctly

Cleaning and lubrication

Cleaning your bicycle regularly isn't just a matter of aesthetics. A clean bike is a safe bike and the process of cleaning helps you discover any potential issues with the bicycle. On a monthly basis, clean the frame and rims of your bike with a cloth. Look for any cracks in the frame, loose bolts or screws on any of the mechanisms. Cleaning and lubricating the chain of your bike will significantly increase its lifespan and will prevent your chain from malfunctioning when you're out on a ride. First, turn your bike upside down so that it is balanced on the sea and handlebars. Wipe off the grime that has built up on the chain with a rag. If necessary, use a degreaser and a small brush to scrub any remaining residue from between the links, then wipe down the chain once more. Apply a drop of chain lubricant to each chain link while you rotate the pedals. While you have the lubricant out, also be sure to apply a small amount to the brake levers an derailleurs (the part that moves the chain onto the different sized sprockets to change gears). Also lubricate the brake cables and gear cables to make sure they can move freely and do not freeze up.

Repairs and replacement

Sometimes, in spite of proper care and maintenance you're going to beed to make some repairs to your bicycle. The most common fixes you'll need to make are changing flat tires and replacing worn brake pads, and chain issues like a skipping link. Depending on your bicycle, you can often find tutorials online that will help you find the tools you need to make these repairs from home. Otherwise, you could always give business to your local bike shop.

Buying your first home is probably one of the biggest purchases you’ll make in your life. But, it does come with its advantages. Among them are tax breaks and deductions that you can take advantage of to save money if you play your cards right.

In today’s post, I’m going to cover some of the tax breaks and deductions that first-time homeowners should seek out this tax season to help them lower their tax bill.

Mortgage points

While earning points is a good thing on the basketball court, it can be a financial drain on a mortgage. Mortgage points are what buyers pay to the lender to secure their loan. They’re usually given as percentage points of the total loan amount.

If you pay these points with your closing costs, then they are deductible. Taxpayers who itemize deductions on their IRS Form 1040 can typically deduct all of the points they paid in a year, with the exception of some high-income taxpayers whose itemized deductions are limited.

PMI costs

If you’re one of the many people who made a down payment of less than 20% on your home, odds are that you’re going to be stuck with PMI, or private mortgage insurance, until you pay off at least 20% of the loan balance.

The good news is that homebuyers who purchased their home in the year 2007 and after can deduct their PMI premiums. However, the state on premium insurance deductibles is something that frequently comes up in Congress, so homeowners should ensure that these deductions are still valid when filing their taxes.

Mortgage interest

Mortgage interest accounts for the biggest deduction for the average homeowner. When you receive your Form 1098 from your lender, you can deduct the total amount of interest you’ve paid during the year.

Property taxes

Another deductible that shouldn’t be overlooked by first-time buyers is local property taxes. Save the records for any property taxes you pay so that you can deduct them during tax season.

Home energy tax credits

Some states are offering generous tax credits for homeowners who make home improvements that save energy. There are a number of improvements you might qualify for, including things like insulation and roofs, as well as photovoltaic (PV) solar panels.

IRA Withdrawals

Many first-time buyers withdraw from an IRA account to be able to make a larger down payment on their home or to pay for closing costs. In most other cases, withdrawing from an IRA will count as taxable income. However, if your IRA withdrawal is used toward a down payment or closing costs, the tax penalty is waived.


Keep these tax breaks and deductions in mind this tax season to help you save money and get a larger refund.



777R Salem End Rd, Framingham, MA 01701

Single-Family

$995,000
Price

11
Rooms
5
Beds
4/2
Full/Half Baths
Major price reduction! Sellers say "bring offers" they have found a new house. A private hidden gem that abuts the Framingham Country Club with views of Mt. Nobscot visible from all main living areas with new Anderson windows & french doors. Five minutes from Rte. 9 and MA Pike on one of the Boston Globe's recognizd best streets in greater Boston. Architect designed open floor plan offers supberb flow for entertaining with 5240 sq. ft. of space on 3 levels and almost 3 acres of land. The winding staircase takes you to the 600 sq ft Great Room, formerly known as the Piano Room where famous entertainers would perform.So many updates such as the new white custom kitchen, hardwoods,new natural gas line for the new furnaces/ac and new electric and much more. Large master retreat with a private deck, 4 closets, and new spa-like bath.The 700 sq. ft. walkout lower level complete with the 4th full bath,kitchenette and office or 5th bedroom for an au pair or teen suite, This is a MUST SEE!.
Open House
Sunday
June 03 at 1:00 PM to 3:00 PM
Cannot make the Open Houses?
Location: 777R Salem End Rd, Framingham, MA 01701    Get Directions

Similar Properties




777R Salem End Rd, Framingham, MA 01701

Single-Family

$995,000
Price

11
Rooms
5
Beds
4/2
Full/Half Baths
Major price reduction! Sellers say "bring offers" they have found a new house. A private hidden gem that abuts the Framingham Country Club with views of Mt. Nobscot visible from all main living areas with new Anderson windows & french doors. Five minutes from Rte. 9 and MA Pike on one of the Boston Globe's recognizd best streets in greater Boston. Architect designed open floor plan offers supberb flow for entertaining with 5240 sq. ft. of space on 3 levels and almost 3 acres of land. The winding staircase takes you to the 600 sq ft Great Room, formerly known as the Piano Room where famous entertainers would perform.So many updates such as the new white custom kitchen, hardwoods,new natural gas line for the new furnaces/ac and new electric and much more. Large master retreat with a private deck, 4 closets, and new spa-like bath.The 700 sq. ft. walkout lower level complete with the 4th full bath,kitchenette and office or 5th bedroom for an au pair or teen suite, This is a MUST SEE!.
Open House
Sunday
June 03 at 1:00 PM to 3:00 PM
Cannot make the Open Houses?
Location: 777R Salem End Rd, Framingham, MA 01701    Get Directions

Similar Properties





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